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Reading: FTX Sends Fund Distribution Emails to Creditors, $345M in Claims Still Unverified
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Mycryptopot > Exchange > FTX Sends Fund Distribution Emails to Creditors, $345M in Claims Still Unverified
Exchange

FTX Sends Fund Distribution Emails to Creditors, $345M in Claims Still Unverified

February 13, 2025 1 Min Read
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FTX Sends Fund Distribution Emails to Creditors, $345M in Claims Still Unverified
mycryptopot

In a current growth, Sunil, the consultant of FTX collectors, in a contemporary X submit shared that FTX has despatched emails to collectors with lower than $50,000 to tell them of the preliminary allocation of funds.

FTX Claims

FTX are notifying claims <$50k by way of electronic mail

– Onboard with Distribution Service supplier
– Collectors forego proper to obtain distributions straight from FTX
– Collectors directed distributors to pay their distribution
– FTX has credited the Distribution Service… pic.twitter.com/y8RLuvXD8v

— Sunil (FTX Creditor Champion) (@sunil_trades) February 8, 2025

He shared that FTX is notifying collectors with claims underneath $50,000 by way of electronic mail, offering them with info on learn how to onboard with the Distribution Service supplier. These collectors will forgo the suitable to obtain funds straight from FTX and can as an alternative have their distributions paid via the distributors, Bitgo or Kraken. Notably, FTX has already credited the distributors with the preliminary distribution funds.

mycryptopot

Nevertheless, collectors with lower than $50,000 nonetheless have about $345 million in claims that haven’t accomplished KYC certification.

mycryptopot

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Reading: FTX Sends Fund Distribution Emails to Creditors, $345M in Claims Still Unverified
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